Dollar General

CONTACT US REGARDING THIS LISTING

Bryan Bender

Partner & Managing Director

PROPERTY ADDRESS

1333 East Main St., Rock Hill, SC 29730

PROPERTY INFORMATION

Price:
$2,915,000
Cap Rate:
6.50%
Term Remaining:
12 Years
Status:
Closed

INVESTMENT SUMMARY

Fortis Net Lease is pleased to present this 12,406 SF Dollar General PLUS store, located in Rock Hill, SC. The property is encumbered with a
Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains a rare 3% rent increase in the primary term. The
lease contains Six (5) Yr. Options to renew, each with a 10% rental rate increase. The store is classified as a relocation store, meaning Dollar General
has enjoyed success in the market and needed a larger facility to meet market demand. The lease is corporately guaranteed by Dollar
General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The is open, with rent having commenced in
November of 2012.